PERSPECTIVE
THE ( AFTER ) SHOCKS TO THE SYSTEM
NOW PAST , THE NEW YEAR SHOULD BE MORE NORMAL .
Contributed by EVAN HURD , PARTNER & MANAGING DIRECTOR , ROBERTDOUGLAS
A
reasonable amount of volatility can stimulate hospitality transactions , but no one enjoyed the swift-in-succession roadblocks to dealmaking that we experienced over the past several years . First came the pandemic . Though an unprecedented event in most all our lifetimes , the experiences borne out of the 2007-2008 Great Recession helped owners , investors and lenders develop workable strategies that kept solvent as many properties as possible . Fortunately , the severe distress that
50 hotelsmag . com Mar / Apr 2024